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Polygon Price(MATIC)

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Coinbase
1.99%
Kraken
0.26%
Binance
0.1%
$ 2.3695287
+2.49%
(1D)

MATIC Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
High: $ 2.2911191
Low: $ 2.4451381
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 2.9232349
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-0.57%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
+2.49%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+13.04%
The percent change in trading volume for this asset compared to 7 days ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+13.04%
The percent change in trading volume for this asset compared to 7 days ago.

MATIC Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#13
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset"s circulating supply with its current price.
$ 17.33B
Market cap is calculated by multiplying the asset"s circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 1.33B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
$ 7.31B
Circulating supply shows the number of coins or tokens that have been issued so far.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
$ 7.31B
Circulating supply shows the number of coins or tokens that have been issued so far.

About Polygon (MATIC)

Polygon (MATIC), previously known as MATIC network, is an interoperability layer-2 scale solution for Ethereum-compatible blockchains. Polygon’s native cryptocurrency, MATIC, is used for governance, staking and gas fees. 

Polygon was developed to address Ethereum’s limitations, including throughput, transaction speed, and lack of community governance. By design, Polygon is a platform built for launching interoperable blockchains. 

Polygon achieves this using Proof-of-Stake checkpoints built on the Ethereum mainchain and its More Viable Plasma, a variant of the Plasma Network.

People Also Ask: Other Questions About Polygon (MATIC)

  1. Where Was Polygon (MATIC) Created? 

    Polygon was created in India in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic.

  2. What Is Polygon (MATIC) Used For?

    Polygon enables developers to launch pre-set blockchain networks with tailored attributes.  

    These can be further customized through modules which allow developers to create sovereign blockchains with specific functions and use cases

    Developers can create: 

    • optimistic rollup chains
    • ZK rollup chains
    • standalone chains 

    Any user can stake their MATIC tokens on root contracts.

    Block procedures are selected by Proof-of-Stake (PoS) stakers. To achieve faster block generation times, there are very few block producers.

    Anyone on the mainchain can challenge fraudulent transactions. Successful challenges result in all staking funds going to the challenger instead of the parties involved in the transaction.

  3. Is MATIC the Same as Polygon?

    Matic Network rebranded itself as Polygon, an interoperable blockchain scaling network. This change occurred in February, 2021. 

    MATIC is the token that powers Polygon, while Polygon was formerly known as the Matic Network.

    Despite the rebranding, the MATIC token still exists and plays a major role in Polygon network’s governance and security. 

MATIC Price Live Data
The live Polygon price today is $ 2.3695287 USD with a 24-hour trading volume of $ 1,333,345,658.93 USD. We update our MATIC to USD price in real-time. Polygon is +2.49% in the last 24 hours. Polygon has a market cap of $ 17,328,108,341.79 USD. It has a circulating supply of $ 7,312,892,503.27 MATIC coins and a max supply of $ 10,000,000,000.00 MATIC coins.
Top News
Binance Market Update (2021-07-21)
In the past 24 hours, Bitcoin (BTC) has been trading between $29,279 and $31,720. As of 2:00 PM (UTC) today, BTC is at $31,659 (+6.45%).Most other major cryptocurrencies have risen alongside Bitcoin in a recovering market, with FC Barcelona Fan Token (BAR) standing out by recording a 36.15% gain, whilst DOT and DOGE increased by 14.08% and 17.33% respectively. Other major cryptocurrencies:ETH: $1,907.17 (+9.43%)BCH: $419.17 (+7.25%)XRP: $0.5559 (+6.09%)ETC: $42.419 (+11.14%)LTC: $114.51 (+8.75%)ADA: $1.640 (+12.24%)BNB: $286.71 (+9.73%)DOT: $12.176 (+14.08%)DOGE: $0.19132 (+17.33%)Top 3 gainers on Binance:BAR / BUSD (36.15%)SLP / BUSD (+32.24%)MATIC / BUSD (+24.63%)Trade cryptocurrencies on the Binance app today!
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Futures Weekly Wrap (May 24th-30th): Bitcoin holds above $34,000 - Is the worst over?
Cryptocurrencies continue their decline over the past week as the crypto-rollercoaster continues. Bitcoin bulls briefly attempted to rally above $40,000 on May 26, according to data from Tradingview. However, the rally was short-lived as sellers stepped in to push prices down to $33,400 by Sunday. Despite the sell-down, the selling momentum appears less intense than the prior week, indicating a change in investors’ sentiment.The Bitcoin dominance index, which measures Bitcoin’s market value as a percentage to the value of all cryptocurrencies, declined back to 43% as of Monday morning (UTC+8), according to crypto ranking site CoinMarketCap. The index unexpectedly surged to 48% during the crash of May 19 as altcoins suffered greater losses than Bitcoin. Considering the pullback, it seems that capital is starting to flow back into the altcoin markets once again.Bitcoin is changing hands near $34,650 on Monday morning, down by 2.5% from Sunday. The cryptocurrency looks set to post its largest monthly decline since the Covid-Crash, down over 39% on a 30-day rolling basis.Source: TradingviewFrom a technical standpoint, Bitcoin price is well below the 21-day and 55-day exponential moving averages (EMA). This may suggest that current prices are extremely oversold due to the massive liquidation event that imploded almost two weeks ago.Interestingly, the bellwether cryptocurrency appears to be building up a base at $34,000-$35,000. A breakup above $37,500 could confirm the start of a bullish reversal. If that succeeds, the next stage forward for Bitcoin would be to test major resistance levels at $40,000 and $42,000. Despite the recent volatility, long-term bulls remain optimistic about Bitcoin and crypto’s long-term trajectory. The latest prominent investor to adopt crypto is Ray Dalio. The founder of the renowned Bridgewater hedge fund announced his Bitcoin investment, noting Bitcoin’s unique attributes as well as its regulatory risks. Trade Bitcoin, Ethereum, BNB Futures, and many more on Binance. Sign up now!Ethereum (ETH) gained over 14% last week, displaying a resilient recovery from the crash of May 19. While ETH price has not recovered the relative strength that dominated the April-May period, the response to last week’s loss of 41% has been constructive.Source: TradingviewETH has been particularly resilient in comparison to BTC in the last two months. Notably, the ETH/BTC chart resumed its uptrend in the past week, suggesting investors’ preference to own Ethereum at the moment. ETH’s relative strength can be attributed to its strong on-chain metrics. The number of Ethereum addresses holding 0.01 ETH or more has hit an all-time high of 15,710,361, according to Glassnode.ETH’s price has rallied over 50% from the May 19 low at $1,900 and is currently settling in a range between $2,200 to $2,400. If prices continue to surge, a decisive daily close above the 55-day EMA at $2,750 and a breakout above $3,000 would invalidate the bearish thesis. MATIC remains one of the best performers in recent weeks, despite the 70% crash from its peak. MATIC price produced an astonishing recovery of 230% from the May 23 low, forming an inverse head and shoulders base which could propel MATIC to print new highs in the coming days or weeks. Source: TradingviewMATIC’s recovery was accompanied by double-digit up days and strong relative volume, with the inverse head and shoulders pattern forming on a key support zone between $1.5 and $1.7. Once the inverse pattern is complete, MATIC is primed to break out and retest its high watermark at $2.7.The rising reputation of Polygon as a blockchain network with integrated scaling solutions for projects and the recent investment by Mark Cuban will boost MATIC's valuation in the long term.Trade Bitcoin, Ethereum, BNB Futures, and many more on Binance. Sign up now!Major Market Movers on Binance FuturesWith the increased trading activity and volatility, Binance Futures’ perpetual contracts have provided alternative venues for traders and investors to capture trading opportunities.Top GainersTop LosersMATICUSDT (73%) 7-day Vol: 25 BNICPUSDT (-22%) 7-day Vol: 0.8 BNBAKEUSDT (72%) 7-day Vol: 0.9 BNWAVESUSDT (-9.5%) 7-day Vol: $0.52 BNENJUSDT (62%) 7-day Vol: $1.5 BNHBARUSDT (-5.8%) 7-day Vol: $0.23 BN
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2021-05-31
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